Can anyone help me with information on Lincoln land and title company and need to know about what they might be paying for leases in the area of section 32 Township four north range six W. done by Cox city Oklahoma thank you
Just received an offer for $300 and 1/5 for a 3 year lease in S30 4N 6W. The area was leased back in 2018 for $500 and 1/4 and nothing happened. Gulfport has some wells in the area with some geological data showing estimated thickness of the Woodford formation. There were other offers at 3/16th, 15% and 1/8th. I generally look at only the highest. They are being tight lipped on the operator. I am sure some digging and we could find who Lincoln flips leases to.
Welcome to the forum.
Lincoln Land & Title has not filed any leases in that section yet. They have been working a bit in Stephens county to the south. They may be working for a major or may be an independent leasing on their own and then flipping. Major operators nearby are Continental and Gulfport.
Bonus amounts are not public unless someone shares their info. The closest you can come is a pooling order within 12 months in the eight contiguous sections. Nothing close by in 12 months.